Iberdrola Q3 results continue to underscore Iberian hydro woes

Published 12:03 on October 26, 2022  /  Last updated at 12:03 on October 26, 2022  /  EMEA, EU ETS  /  No Comments

Spanish utility Iberdrola announced a continued increase in ETS-covered gas generation in its Q3 results on Wednesday as hydro output remained well below both 2021 and 2020 levels, reflective of a wider trend across the region that has prompted a surge in fossil output.

Spanish utility Iberdrola announced a continued increase in ETS-covered gas generation in its Q3 results on Wednesday as hydro output remained well below both 2021 and 2020 levels, reflective of a wider trend across the region that has prompted a surge in fossil output.

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